Overview of Global Fats and Oils Market: Size, Trends, Share and Growth Forecast till 2026

The global market discussion on fats and oils industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Fats and Oils Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on fats and oils market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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According to Fact.MR, a CAGR of over 3% has been projected for the global fats and oils market during the forecast period (2017-2026), in terms of value. Volume sales of fats & oils across the globe are estimated to exceed 100,000,000 tons by 2026-end.

Consumers Inclining More toward Fats & Oils Providing Health Benefits

Preference for reducing saturated fat and fat from diet has been unrelenting among consumers over the past few years. The Generation Z and Millennial consumers are at present more inclined toward discerning fats and oils not only as permissible, but also as providing positive health benefits. These consumers are exhibiting ready acceptance of specific fats and oils that benefit their health. The food industry is simultaneously witnessing huge availability of certain plant-derived oils & its narratives, which are espousing healthfulness and naturalness thereby peeking consumer interest. Demand for pantry-friendly, simple and clean ingredients from the food industry has witnessed a significant surge, with growing consumer desire to eliminate genetically modified organisms (GMOs) in their food products, and seek organic foods. The rediscovered respect for importance of taste is a resurgent trend observed in the market.

3 Key Takeaways from Fact.MR’s Report on Fats and Oils Market for Forecast Period 2017-2026

1. In terms of value, sales of fats and oils in Asia-Pacific excluding Japan (APEJ) is expected to remain relatively larger than those in all the other regional segments combined. Revenues from fats and oils sales in APEJ will account for over half revenue share of the market by 2026-end.

2. Europe will also account for a large revenue share of the market during 2017 to 2026. In terms of value, the fats and oils market in North America will remain more lucrative than that in Latin America, however Latin America will register a comparatively faster expansion in the market than North America through 2026.

3. In terms of value, edible vegetable oils will continue to be the most remunerative product in the market, trailed by animal fat. However, sales of palm oil will register a relatively faster expansion in the market through 2026.

APEJ to Remain Leading Revenue Contributor to the Market

Asia-Pacific excluding Japan (APEJ) is anticipated to remain the leading revenue contributor to the global fats and oils market. China and India will remain the most lucrative countries in APEJ for growth of the market. End-use of fats and oils in Europe varies across its countries. For example, biodiesel application accounts for a major share of Germany’s market growth, while food application continues to be a major application of fats and oils in France. Europe is projected to account for a major portion of the global fats and oils market’s revenue share during the forecast period.

Edible vegetable oils will continue to be the top-selling product in the market, in terms of value. Demand for edible vegetable oils will mainly be fuelled by the advent of high-grade products on the back of recent advances in their production processes. Increasing consumption of animal-based products will also promote adoption of edible vegetable oils in the near future.

Competition Tracking

On account of the occupancy of numerous regional and international vendors, nature of the global market for fats and oils is fragmented. Vendors in the market are competing in terms of pricing, portfolio, and product differentiation. Leading players in the market, as profiled by Fact.MR’s report, include Associated British Food Plc, Ajinomoto Co. Inc., United Plantations Berhad, Bunge Limited, Archer Daniels Midland Company, Wilmar International Limited, International FoodStuff Company Limited, and Cargill, Inc.

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Table of Content:

1. Global Economic Outlook

2. Global Fats & Oils Market – Executive Summary

3. Global Fats & Oils Market Overview
3.1. Introduction
3.1.1. Global Fats & Oils Market Taxonomy
3.1.2. Global Fats & Oils Market Definition
3.2. Global Fats & Oils Market Size (US$ Mn) and Volume and Forecast, 2012-2026
3.2.1. Global Fats & Oils Market Y-o-Y Growth
3.3. Global Fats & Oils Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Regulatory Framework
3.7. PESTLE Analysis
3.8. Porters Five Force Analysis
3.9. Key Participants Market Presence (Intensity Map) By Region

4. Global Fats & Oils Market Analysis and Forecast 2012-2026
4.1. Global Fats & Oils Market Size and Forecast By Product Type, 2012-2026
4.1.1. Edible vegetable oil Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Palm Oil Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

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This release was published on openPR.